Rikvin Provides Singapore Marshall Islands Incorporation 

by Aron Chrissan Tuesday, January 11, 2011
Marshall Islands boasts of successful industries in commercial fishing, aquaculture, tourism, manufacturing, and seabed mining. Foreign investors are enticed to do business in the island through a foreign corporation, trust, partnership, unincorporated association, and other entity.

“Foreign investors must first obtain a Foreign Investment Business License from the Registrar of Foreign Investment in the Office of the Attorney-General,” says a business analyst of Rikvin, Say Hun, “when the application is submitted, the sectoral Ministries and Agencies shall review it.”

The process of review and approval should not take longer than four to six weeks. In addition, unless the foreign corporation engages in any other activities regulated by the government, foreign investors are not required to seek for additional licenses.

Say Hun refers to activities regulated by the government as practicing of law and medicine, banking, fishing, and fishing-based operations. Securing a Foreign Investment Business License enables foreign investors to operate in Marshalls Islands for one year from its date of issuance without having the need to obtain other business license from the local government.

“IBC companies are exempted from taxes. Investors are not obliged to reveal their identification on their MAA and to make financial reports. They can engage in almost all forms of international business,” Hun continues to illuminate the advantages of establishing a corporation in Marshall.

Marshall Islands incorporation is among the business solution specializations of Rikvin. A step closer to realization of business dreams involves securing the requirements of a director, shareholder, and secretary. Hun beams saying that these individuals can be the same individual or a corporate entity.

“A company director, shareholder, and company secretary may be a foreigner and aren’t obliged to reside in Marshall.”

There is no minimum capital requirement either. The shares of each shareholder can be issued with or without par value in various forms and classifications such as cash and non-cash, including preferential or common, voting or non-voting, but in registered form only.

Holding of meetings can be anywhere and proxies are even permitted. Its corporate headquarter where records are kept can be located in any country and the documents may be executed by one officer or by an authorized personnel.

Rikvin assures that corporation formation can be completed in one day, provided all requirements and documents are ready. After submitting the Incorporation order form, Rikvin shall check the proposed company name and make follow-ups. When everything is clear, the incorporation process shall begin by sending the duly signed documents. After which, the foreign investors may open a corporate bank account.

Ready-made shelf companies are even available upon request.

Rikvin provides other corporate solutions such as company registration in Singapore, along with processing of labor passes and assistance in compliance with annual requirements including preparation of financial statements, Director’s Report, annual return filing, and payroll management.

About the Publisher:
Rikvin provides corporate solutions to investors and entrepreneurs in the local and abroad. Among its specializations are Singapore company registration, Singapore company setup and providing professional services relating to finances and administrative. Rikvin specializes in processing working visas and providing services such as nominee director, nominee shareholder, nominee agents, accounting, payroll, and secretarial.

Since 1995, Rikvin serves hundreds of companies managing and rendering Singapore accounting service using sophisticated payroll software system to handle even the most complicated payroll account. In its payroll services, Rikvin assures its clients of confidence in dealing with every transaction. Its accountants maintain competence. Above all, Rikvin’s principles adhere to the laws and share the same vision such as the inevitability of innovation. Rikvin has successfully helped foreign and local entrepreneurs form a Singapore company.

Our phones are answered during business hours by specialists and not by an answering machine. We appreciate the value of your time and understand that a person cannot be replaced by technology. This is especially true when it comes to making important business decisions.

For more information, visit:
Rikvin PTE LTD
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines : (65) 6438 8887
Fax : (65) 6438 2436
Email : info@rikvin.com
Website: http://www.rikvin.com/

Rikvin provides Singapore Company Registration service including securing your Singapore Employment Pass and Singapore EntrePass Visa for Singapore Business Migration.

0    submitted by Aron Chrissan
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